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Saudi Arabia wants to be top supplier of hydrogen - Energy News for the Canadian Oil & Gas Industry | EnergyNow.ca - GASSECTOR.com

Saudi Arabia wants to be top supplier of hydrogen – Energy News for the Canadian Oil & Gas Industry | EnergyNow.ca

Hydrogen powered mobile unite is seen during Saudi Aramco's media trip to demonstrate Hydrogen automotive technology at Techno Valley Science Park in Dhahran, Saudi Arabia, June 27, 2021. REUTERS/Hajer AbdulmohsinDUBAI, Oct 24 (Reuters) – Saudi Arabia wants to be the biggest supplier of hydrogen, the country’s Energy Minister Prince Abdulaziz bin Salman al-Saud said on Sunday.

The world’s biggest oil exporter intends to produce and export something within the neighborhood of about 4 million tons of hydrogen by 2030, the minister added.

The chief executive of Aramco, Amin Nasser, said earlier this year the Saudi Arabian state oil producer is looking for off-take agreements for hydrogen in its key markets to expand its output and sees strong potential for growth.

There are growing international calls for reductions in fossil-fuel investment and for the focus to shift towards renewable energy sources.

The minister also said the kingdom plans to manufacture electric cars.

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